Question
Results from Riadapi Company are as follows: Operating Income $8709 Total Assets $15492 Current Liabilities $3618 Sales $34859 Target Rate of Return (Cost of Capital)
Results from Riadapi Company are as follows:
| Operating Income | $8709 |
| Total Assets | $15492 |
| Current Liabilities | $3618 |
| Sales | $34859 |
| Target Rate of Return (Cost of Capital) | 14% |
Calculate capital turnover. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place.
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A Salvation Audit
Authors: Colin Grant
74th Edition
094086634X, 978-0940866348
